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Yahoo`s Yang gets $1 in rocky final year as CEO
SAN FRANCISCO (AP) -- Yahoo Inc. limited co-founder Jerry Yang's 2008 compensation package to his customary $1 salary during his final year as chief executive, a tumultuous reign that unraveled after he rebuffed Microsoft Corp.'s $47.5 billion bid to buy the Internet company....
The Arizona Republic

Sketcher shares jump despite Q1 loss
Global footwear maker, Sketchers USA Inc on Wednesday said its first quarter net revenue fell 11 percent to $343.5 million ended March 31, from $8.2 million a year ago.
IB Times

Economy shrank more than expected last quarter
The economy shrank more than expected during the first quarter of 2009, with the government reporting a 6.1 percent decline in the gross domestic product. The latest GDP figure is comparable to the 6.3 percent decline that was reported in the fourth quarter of 2008, and raises questions about...
NASDAQ

Film fund finds its `Way`
Front Page: Imagenation, NatGeo kick off deal with 'Back' -- Abu Dhabi's film division Imagenation and National Geographic Entertainment have kicked off the $100 million fund they established in October by making a significant equity investment in the Peter Weir-directed drama 'The Way Back.'
Variety

Linux Reaches 1% Usage Share
je ne sais quoi writes 'The April data is out for the Net Applications 'market share' survey of operating systems (more accurately referred to as a usage share). For the first time, Linux has reached 1%. This past month the Linux share increased by 0.12% which is well above the average monthly increase of 0.02%. Historically, the Net Applications estimate of market share has been lower than that of other organizations who measure this, but the abnormally large increase reported this month brings it closer to the median estimate of 1.11%. For other operating systems, Windows XP continued its slow decline by 0.64% to 62.21%, whereas Vista use is still increasing to 23.90%, but its rate of adoption is slowing. That is, this month's increase of 0.48% is well below the 12-month average increase of 0.78% and down from the peak rate of increase of 1.00% per month on average in January-February 2008. The total Windows share dropped to 87.90%. Mac OS use decreased slightly to 9.73% from 9.77%,
Slashdot

Acer Cuts Netbook Expectations, Points to Revenue
Acer is pulling back its 2009 netbook shipments forecasts by several million, after reporting a disappointing first quarter. The Taiwan computer maker pointed to the issue of revenue. Is the problem Acers exclusively, or are netbooks low prices truly eating away at profits? - Acer, the worlds third-largest computer maker, has cut growth forecasts for its netbook PCs, after coming up short on analyst expectations for the first quarter of 2009, Reuters is reporting. Acer reported a net profit of $60.3 million for the first quarter, a fall of 31 percent from a year ea...
eWEEK

MESSENGER from Mercury
The spacecraft MESSENGER passed by Mercury in October 2008, in what was the second of three fly-bys before it settles into the planet's orbit in 2011. Another spacecraft visited Mercury . []
Sciencemag.org

Study: `I want my Internet on TV`
Panasonic's VieraCast with Amazon Video on Demand is one slice of the Internet on TV.(Credit: Panasonic)A new study by the Consumer Electronics Association, the industry group representing electronics manufacturers, finds that nearly half of prospective TV buyers say they want to buy an Internet-connected TV. The study, conducted in December 2008, asked respondents to say how they'd use their connected sets, and the most popular answers included accessing information about current TV shows or identifying a song played on a show (48 percent) and finding out more about the actors (44 percent). Asked whether they currently surf the web while watching TV, 30 percent of 'online adults' responded 'always or usually' while 30 percent answered 'sometimes.' Activities likely to be moved from the PC to the living room TV include watching online video (62 percent), getting weather updates (59 percent) and playing online games (57 percent)....
Cnet

Joe Jonas Calls Taylor Swift`s Breakup Song ``Flattering``
Joe Jonas isn't angry at Taylor Swift for writing about their 2008 split. In her song 'Forever and Always,' Swift, 19 -- who has claimed Jonas, 19, dumped her in a 27-second telephone call -- sings, 'I stare at the phone and he hasn't called/You can't feel nothin' at all.' Check out Hollywood's ugliest splits But Jonas (who is now dating actress Camilla Belle) tells June's Seventeen magazine... Join Us on Facebook and Twitter for even more up to the minute celebrity news and photos!
US Magazine

Sean Penn Files for Legal Separation From Wife
Sean Penn has filed for 'legal separation with minor children' from his wife of 13 years, actress Robin Wright Penn. He filed the papers last Friday, Extra first reported. Check out Hollywood's most expensive divorces Penn, 48, initially filed for divorce in December 2007, but his petition was later dismissed. Three days later, Wright Penn, 43, filed her own paperwork. But in April 2008,... Join Us on Facebook and Twitter for even more up to the minute celebrity news and photos!
US Magazine

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Archived "top news - october 31 2008" news stories.

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